Norway Retail Sales y/y

Country:
Norway
NOK, Norwegian Krone
Sector:
Consumer
Low 2.9% 6.6%
6.8%
Last release Importance Actual Forecast
Previous
4.8%
2.9%
Next release Actual Forecast
Previous
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Norwegian Retail Sales y/y is a monthly indicator that measures a percentage change in the country's retail sales of goods and services during the given month compared to the same month of the previous year. It reflects a change in actual value including VAT.

To calculate the indicator, Statistics Norway conducts a monthly survey of about 16,000 retailers registered as VAT payers. The sample additionally includes a sub-sample of chain stores, data on which is submitted by their central offices. Companies are stratified according to the number of employees.

The index reflects the dynamic of retail sales as reported by companies selling new and used goods (excluding sales of motor vehicles) to private households. Statistics cover sales executed from fixed or moveable sales outlet, a market place or sales via the Internet. Sales of various goods are included in the index, such as food, beverages, clothing, footwear, electrical appliances, furniture, construction equipment and others.

The indicator of monthly retail sales participates in the calculation of GDP and its components, which are used for monitoring the state of economy and developing the monetary policy. Also, the received data enable the analysis of comparative effectiveness of the retail industry. In addition, Norwegian retail sales indicator serves as the main data source for the calculation of the Household consumption index.

Retail Sales growth indicates an increase in consumer activity and can have a positive impact on the Norwegian krone quotes.

Last values:

actual data

forecast

The chart of the entire available history of the "Norway Retail Sales y/y" macroeconomic indicator. The dashed line shows the forecast values ​​of the economic indicator for the specified dates.

A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values ​​of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.

Date (GMT)
Reference
Actual
Forecast
Previous
Apr 2021
2.9%
6.6%
6.8%
Mar 2021
6.7%
7.3%
6.1%
Feb 2021
6.1%
8.5%
8.2%
Jan 2021
8.2%
11.4%
8.0%
Dec 2020
8.0%
14.6%
13.8%
Nov 2020
13.8%
11.0%
10.6%
Oct 2020
10.6%
9.3%
8.7%
Sep 2020
8.7%
11.7%
8.2%
Aug 2020
8.2%
17.2%
13.8%
Jul 2020
13.8%
11.5%
13.7%
Jun 2020
13.7%
5.6%
7.8%
May 2020
7.8%
0.1%
3.6%
Apr 2020
3.8%
-2.5%
1.3%
Mar 2020
1.3%
2.0%
Feb 2020
2.0%
-1.7%
Jan 2020
-1.7%
-0.7%
Dec 2019
-0.7%
0.7%
Nov 2019
0.8%
-0.3%
Oct 2019
-0.3%
0.8%
Sep 2019
0.8%
0.4%
Aug 2019
0.4%
0.9%
Jul 2019
0.9%
0.4%
Jun 2019
0.4%
-2.3%
May 2019
-2.2%
1.7%
Apr 2019
1.6%
0.0%
Mar 2019
-0.2%
-0.9%
Feb 2019
-0.9%
1.1%
Jan 2019
1.1%
-1.3%
Dec 2018
-1.3%
0.4%
Nov 2018
0.5%
0.6%
Oct 2018
0.6%
1.0%
Sep 2018
0.7%
1.1%
Aug 2018
1.1%
0.1%
Jul 2018
0.1%
-0.4%
Jun 2018
-0.3%
3.1%
May 2018
3.2%
1.9%
Apr 2018
1.8%
1.2%
Mar 2018
0.9%
0.1%
Feb 2018
0.1%
2.0%
Jan 2018
2.1%
4.2%
Dec 2017
4.2%
3.7%
Nov 2017
3.7%
0.4%
Oct 2017
0.3%
1.3%
Sep 2017
1.3%
2.5%
Aug 2017
2.5%
3.4%
Jul 2017
3.5%
2.4%
Jun 2017
2.4%
2.4%
May 2017
2.4%
2.2%
Apr 2017
2.2%
2.7%
Mar 2017
2.5%
1.0%

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